Payment Innovations Government of Developing Economies Could Endorse

Technology adoption is rapidly increasing. The activity most affected by technological innovation and adoption has been payments. Money has taken many forms from objects like seashells, precious metals, paper, and now digital currencies, all to handle obligations between parties. Merchants are no doubt the lifeblood of economies. And one language every merchant speak is “payment”.  The pandemic has accelerated the transformation of payments, with many countries looking into upgrading real-time gross settlement systems.